A huge home in New Hampshire will be auctioned off on November 9. Grand Estates Auction Co., is selling this home on 15 acres in North Hampton, New Hampshire. This property was once owned by infamous former Tyco International CEO Dennis Kozlowski. The current owner has been rebuilding the estate virtually from the foundation up for the last six years. The home has been redone on a grand scale. An artist spent two years hand-painting walls and murals throughout the home's more than 10,000 square feet. There is a 1,600-plus-square-foot master suite that fills the entire third floor and has views of the ocean and marsh, complete with octagonal meditation room, en suite kitchen and laundry room, sitting room, and massive master bathroom featuring a handmade Egyptian chandelier.
The huge home has indoor and outdoor pools, spa, steam and sauna, fitness center, tennis court and cabana, massage and game rooms, and a home-theater wing with 13 oversized chairs and a concession stand. A smart home system controls all electronics, including indoor and outdoor security cameras and a dozen flat-screen televisions, at home or remotely. Geothermal heating and cooling, a heat recovery system, underground storage tanks to collect rainfall, and backup generators keep the home going, come what may. There are nine fireplaces, an elevator to all levels, gourmet kitchen with 14-foot, bi-level island and three guest suites including one with a nursery.
"The seller has determined that an absolute auction is the most cost-effective method to sell this magnificent property, avoiding months or years on the market with mounting carrying costs," said Scott Kirk, executive vice president of Grand Estates. "Sellers in this market are able to capture the true market value for their properties."
The auction begins at 2 p.m. at the North Hampton estate. Prospective bidders may tour the property starting at 11 a.m. on Friday, November 5, and continuing until auction day. Grand Estates auctions are open only to registered bidders, who are required to submit a $50,000 refundable cashier's or certified check prior to the auction. Prospective bidders and sellers should contact Grand Estates Auction Co. at 877 427-6568 or 704 529-0026 for bid registration requirements and to inquire about the showing schedule before the auction. For more information, see www.GrandEstatesAuction.com.
Gallery: North Hampton, New Hampshire